Skip to main content

Liquid Biofuels Market to Hit USD 219.97 Billion by 2027; Increasing Trade Activities Via Road Transport Networks to Stoke Demand for Biofuels: Fortune Business Insights™

Written by Customer Service on . Posted in Mergers And Acquisitions.

Pune, July 20, 2020 (GLOBE NEWSWIRE) — The global Liquid Biofuels market size is projected to reach USD 219.97 billion by 2027, exhibiting a CAGR of 8.4% during the forecast period. Surging vehicular pollution levels across the globe is expected to feed the growth of this market, states Fortune Business Insights™ in its report, titled “Liquid Biofuels Market Size, Share & COVID-19 Impact Analysis By Product Type (Ethanol and Biodiesel), By Feedstock (Sugar Crops, Starch Crops, Vegetable Oils, Animal Fats, and Others), By Process (Fermentation, Transesterification, and Others), By Application (Transportation, Power Generation, and Heat), and Regional Forecast, 2020-2027”.The emergence of the COVID-19 pandemic has shattered the manufacturing processes of several companies worldwide. However, some of them have commenced these processes by keeping in mind the stringent norms, such as social distancing and low workforce. Our specially developed research reports would help you in overcoming the losses of your business by choosing the right strategy apt for the current situation.Piecemeal study of all market segments and their performance;Actionable research into the upcoming market opportunities;Critical insights into the factors driving and restraining the market growth; andDetailed examination of the regional dynamics and competitive landscape of the market.Falling Ethanol Prices amid COVID-19 Pandemic to Retard Market GrowthThe outbreak of the COVID-19 contagion has threatened to cause long-term damage on many industries. One of them is the transport industry, which is experiencing sharp decline in demand. The trickle-down effect is being witnessed in an even steeper fall in biofuel prices, especially ethanol prices. According to a study conducted by Purdue University, the average monthly price of ethanol fell from $1.32/gallon in December 2019 to $0.82/gallon in March 2020 due to rapid decline in demand for transport services. Reduced profit margins of ethanol producers have slowed down production of ethanol, which is expected to further cripple the Liquid Biofuels market growth during 2020. In Canada, the national government is attempting to ease implementation of low-carbon fuels as the country’s oil sector has taken a severe blow due to the pandemic. Growing turmoil in the hydrocarbon industry as a result of the coronavirus will, therefore, stem the uptake of Liquid Biofuels in the current year.Increasing Production of Biofuels in the US to Accelerate Market Growth in North AmericaWith North America accounting for 45% of the global biofuel production, the region is well-positioned to dominate the Liquid Biofuels market share in the foreseeable future. The US is largest producer of ethanol worldwide, having produced 15.8 billion gallons of ethanol in 2019 alone. In 2019, the region’s market size stood at USD 42.96 billion.Latin America is expected to emerge as the second most dominant region in the market, supported by surging ethanol production in Brazil. Besides this, Argentina is also aggressively expanding its renewable energy sector, which bodes well for this market. Europe being the largest producer and consumer of biodiesel in the world is expected to offer several lucrative opportunities for players in this market.Competitive LandscapeProduction Capacity Elevation Measures to be Implemented by Market PlayersCompetition in the Liquid Biofuels market is characterized by the variety of strategies implemented by the players to consolidate their position in this market. Prominent among these are the measures adopted by these companies to enhance their production capabilities to meet the rising demand for biofuels around the world.Industry Developments:May 2020: Canada-based BC Hemp Corporation announced its plans to construct a biofuel plant in Prince George, British Columbia for an estimated value of USD 2 billion. Employing close to 2500 people, the plant will be utilized for producing industrial-grade ethanol from hemp stock.February 2020: Italy-based NextChem joined forces with US-based Saola Energy to produce renewable diesel from residual fats and vegetable oils. Saola will employ its hydro-treatment and isomerization technologies to produce renewable diesel, while NextChem will provide clients engineering, construction, and training services under the partnership.
List of the Leading Companies Profiled in the Liquid Biofuel Market Report are:Butamax Advanced Biofuels, LLC (U.S.)Gevo, Inc. (U.S.)Eniven Group (Slovakia)Emami Agrotech Limited (India)Fulcrum BioEnergy, Inc. (U.S.)Renewable Energy Group, Inc. (U.S.)Enerkem (Canada)ADM (U.S.)Pacific Ethanol, Inc. (U.S.)BIO OILS ENERGY (Spain)Bangchak Corporation Public Company Limited (Thailand)Algenol (U.S.)CropEnergies AG (Germany)Renewable Biofuels Inc. (U.S.)POET (U.S.)IntroductionResearch ScopeMarket SegmentationResearch MethodologyDefinitions and AssumptionsExecutive SummaryMarket DynamicsMarket DriversMarket RestraintsMarket OpportunitiesKey InsightsKey Emerging Trends – For Major CountriesLatest Technological AdvancementRegulatory LandscapeIndustry SWOT AnalysisPorters Five Forces AnalysisQualitative Analysis – Impact of COVID-19Impact of COVID-19 on the Liquid Biofuelss MarketSteps Taken by the Government to Overcome the ImpactKey Developments in the Industry in Response to COVID-19Potential Opportunities and Challenges due to COVID-19 OutbreakGlobal Liquid Biofuels Market Analysis (USD Billion) (Billion Liters), Insights and Forecast, 2016-2027Key Findings / SummaryMarket Analysis, Insights and Forecast – By TypeEthanolBiodieselMarket Analysis, Insights and Forecast – By FeedstockSugar CropsStarch CropsVegetable OilsAnimal FatsOthersMarket Analysis, Insights and Forecast – By ProcessFermentationTransesterificationOthersMarket Analysis, Insights and Forecast – By ApplicationTransportationPower GenerationHeatMarket Analysis, Insights and Forecast – By RegionNorth AmericaEuropeAsia PacificMiddle East & AfricaLatin AmericaTOC Continued..!!!
Aviation Biofuels Market Size, Share and Global Trend By Technology (Fischer-Tropsch, Hydrogenated Vegetable Oil), By Application (Military Aviation, Commercial Aviation) and Geography Forecast Till 2026Bioethanol Market Size, Share and Global Trend By Feedstock (Starch-Based, Sugar-Based, Cellulose Based, Others), By Application (Transportation Fuel, Power Generation, Cosmetic, Pharmaceutical, Chemical, Others) and Geography Forecast till 2026Advanced Biofuels Market Size, Share and Global Trend By Processing Technology (Thermochemical, Biochemical), By Raw Material (Energy Crops, Municipal Solid Waste, Green Waste, Others), By Type (Cellulosic Biofuel, Biodiesel, Bio-butanol, Others) and Geography Forecast till 2026Aviation Fuel Market Size, Share and Industry Analysis By Fuel (Jet Fuel (Aviation Turbine Fuel), Avgas, Bio Jet Fuel), By End User (Commercial, Private, Military) And Regional Forecast 2019-2026
Fuel Additives Market Size, Share & Industry Analysis, By Type (Deposit Control, Cetane Improvers, Lubricity Additives, Antioxidants, Anti-Corrosion, Cold Flow Improvers, Antiknock Agents, Others), By Application (Gasoline, Diesel, Jet Fuel, Manufacturing, R&D) and Regional Forecast, 2019-2026
Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. 
Contact Us:

Disclaimer & Cookie Notice

Welcome to GOLDEA services for Professionals

Before you continue, please confirm the following:

Professional advisers only

I am a professional adviser and would like to visit the GOLDEA CAPITAL for Professionals website.

Important Notice for Investors:

The services and products offered by Goldalea Capital Ltd. are intended exclusively for professional market participants as defined by applicable laws and regulations. This typically includes institutional investors, qualified investors, and high-net-worth individuals who have sufficient knowledge, experience, resources, and independence to assess the risks of trading on their own.

No Investment Advice:

The information, analyses, and market data provided are for general information purposes only and do not constitute individual investment advice. They should not be construed as a basis for investment decisions and do not take into account the specific investment objectives, financial situation, or individual needs of any recipient.

High Risks:

Trading in financial instruments is associated with significant risks and may result in the complete loss of the invested capital. Goldalea Capital Ltd. accepts no liability for losses incurred as a result of the use of the information provided or the execution of transactions.

Sole Responsibility:

The decision to invest or not to invest is solely the responsibility of the investor. Investors should obtain comprehensive information about the risks involved before making any investment decision and, if necessary, seek independent advice.

No Guarantees:

Goldalea Capital Ltd. makes no warranties or representations as to the accuracy, completeness, or timeliness of the information provided. Markets are subject to constant change, and past performance is not a reliable indicator of future results.

Regional Restrictions:

The services offered by Goldalea Capital Ltd. may not be available to all persons or in all countries. It is the responsibility of the investor to ensure that they are authorized to use the services offered.

Please note: This disclaimer is for general information purposes only and does not replace individual legal or tax advice.